SapuraKencana to Supply Gas to Petronas

SapuraKencana Petroleum has signed an agreement to sell gas to Petronas from B15 field.

SapuraKencana Petroleum’s wholly owned subsidiary SapuraKencana Energy Sarawak (SKE) is the operator of Block SK310 PSC which was awarded by Petronas in June 2008. SKE has participating interest of 30 percent, Petronas has 40 percent stake and Diamond Energy Sarawak, a subsidiary of Mitsubishi Corporation holds 30 percent.

 The B15 gas field which was discovered in December 2010 is located within the SK310 PSC area, offshore east Malaysia. The development will comprise a central processing platform with a 35km gas evacuation pipeline to be tied into the existing infrastructure. The field will deliver gas to the Malaysia Liquefied Natural Gas (MLNG) complex in Bintulu, Sarawak.

The first gas delivery is targeted to be in the fourth quarter of 2017, SapuraKencana said.